2 STAGE APPROACH
This stage helps companies plan, strategize and start initial operations in Australia. This stage has minimal risks as company can control exit with less formalities. It goes through 3 steps:
1. Entry Strategy: Trans4m will facilitate entry strategy for the investing company with tie-up with local research companies. Entry strategy includes initial secondary research, product positioning, markets, competitor analysis and sound entry strategy
2. Enable Sales If the investing company finds opportunities lucrative, they can hire a local salesperson for initial primary research and business development. Tras4m can assist in hiring the salesperson who can initiate business development efforts for the company
3. Operations Support: Trans4m will support the investing company and local salesperson with payroll support, statutory and operating support.
In this stage, investing company is comfortable with the initial set-up and ready to invest. This stage includes 3 steps:
1. Set-up: Trans4m with the help of partner Chartered Accounting firm will help investing company to incorporate legal entity in Australia. It can include sole trading, partnerships and private limited company.
2. Operationalize: It will continue providing all the back-end support to the entity similar tothose in stage 1. This will help investing company and its local employees focus on improving sales while trans4m takes care of the backend infrastructure.
3. Transfer: If the investing company intends to take over the operations of the entity, Trans4m can assist phased handover the operations of the company to the new entity.